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FCA-Renault merger collapse a blow for Goldman and its alumni network: sources
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The collapse of merger talks between Fiat Chrysler Automobiles(FCA) and Renault marks a setback for a tight network of current and former Goldman Sachs’ bankers who tried to convince the French political establishment to back the deal.

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U.S. mulls delaying threatened tariffs on Mexican products: Bloomberg
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The United States is considering delaying the imposition of tariffs on Mexican products that President Donald Trump has threatened to put in place on Monday to allow for more time for talks between the two nations, Bloomberg News reported on Thursday, citing unidentified people familiar with the matter.

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Investment bank environment still very fragile says UBS
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Investment banking conditions have improved over recent months but remains “very fragile,” UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender’s own business was performing…

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Prosecutors suspect 70 Deutsche Bank managers in dividend tax probe: paper
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German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects, the Sueddeutsche Zeitung reported on Thursday.

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U.S. money market assets grow six straight weeks: iMoneyNet
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U.S. money market fund assets rose for a sixth consecutive week, bringing the total to a fresh nine-plus year peak as investors piled cash into low-risk funds on concerns about global trade tensions,…

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Venezuela to open PDVSA office in Moscow this month: Ifax
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Venezuela’s state oil company PDVSA plans to open an office in Moscow this month, Interfax news agency cited Venezuela’s oil minister as saying on Thursday during a trip to the Russian city of St Petersburg.

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Wells Fargo to donate $1 billion toward affordable housing by 2025
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Wells Fargo & Co said on Wednesday it will narrow the focus of its philanthropy toward three causes including affordable housing and will donate $1 billion to housing over the next few years.

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Column: Ex-heads of U.S. Social Security Administration offer plan to fix agency's customer service
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A worsening customer service crisis at the Social Security Administration has prompted three of its former commissioners to urge the U.S. Congress to fix the annual budgeting process that has starved…

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